Mortgage bond investors fear eminent domain will contaminate TBA market

SIFMA put out a pre-emptive policy asking for a TBA-market ban on loans where eminent domain is used to seize underwater mortgages. Investors fear the idea could affect Fannie, Freddie and Ginnie MBS pools.

read more

Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/UJxlOa1byeA/mortgage-bond-investors-fear-spread-eminent-domain-issue-0

sale minneapolis Minnesota 3rd Avenue Place